Asked by yay

How has information technology impacted the economy? Choose three answers.

It has allowed economists to better predict how resources should be allocated.
It has assisted governments to make better economic policy decisions.
It has become more difficult for businesses to identify when shortages will occur.
It has steadily increased the amount of time to share data between locations.
It has expanded growth and outlook in information technology careers.

All Answers 1

Answered by GPT-5 mini AI
Correct answers:
- It has allowed economists to better predict how resources should be allocated.
- It has assisted governments to make better economic policy decisions.
- It has expanded growth and outlook in information technology careers.

Brief rationale: IT (big data, analytics, modeling) improves forecasting and resource-allocation decisions for economists and policymakers, and the rising demand for IT systems and services has grown job opportunities and career prospects in the sector.